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19. Suppose today is Dec 31st, 2018 and the U.S. Treasury notes have been issued with a December 2023 maturity, $1000 face value, and a
19. Suppose today is Dec 31st, 2018 and the U.S. Treasury notes have been issued with a December 2023 maturity, $1000 face value, and a 3.2% coupon rate with semiannual coupons. The first coupon payment will be paid on Jun. 30th 2019. If the yield to maturity is 5% today, then what is price of the U.S. Treasury notes today? O A. 1081.97 B. $921.23 C. $737.46 O D. $935.47
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